Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
The number of new runes etched daily on Bitcoin has dropped to below 250

The number of new runes etched daily on Bitcoin has dropped to below 250

Bitget2024/05/14 04:11

In the past six days, the number of new runes etched daily on Bitcoin has dropped to below 250, with 157 runes etched on Monday, a decrease of 99% from the peak at the end of April. According to Dune Analytics dashboard created by RUNES, between April 26 and 30, an average of 14,700 new runes were etched each day, with a record-breaking 23,061 runes etched on April 26. Since Runes was launched on April 20th, it has paid a total of $4.5 million in transaction fees to Bitcoin miners, about $189 thousand per day. So far more than 91,200 runes have been inscribed on Bitcoin.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The U.S. Treasury market remains overheated! Besent expands repo program, emphasizing "this is not quantitative easing"

U.S. Treasury Secretary Janet Yellen stated on Tuesday that the Treasury's decision last month to expand the buyback program for older-dated U.S. Treasury bonds was mainly aimed at "cooling down" the bond market, which has been heating up recently, and helping the market return to a more balanced state.

智通财经2026/09/08 22:41
The U.S. Treasury market remains overheated! Besent expands repo program, emphasizing "this is not quantitative easing"